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RE: Imagine If Facebook Acquired Steemit...
Yeah, I know that (I don't think I said they would implement Steemit.). :) I think you're right that it wouldn't be a full integration if it did happen. It also may not be the steem blockchain but could be their own (that wouldn't surprise me a bit). and yeah, that was the wrong timing for sure, with facebook credits, but with the Altcoin booms of last year and this year and bitcoins meteoric rise, it could absolutely be achieved now for them. I don't see them ever becoming fully decentralized, but I could see a blockchain being integrated that monetizes likes, etc. :)
yes sure you knew it. It was just an answer to the post below. I completly agree with your post. They are in great need for a micropayment channel (all the games, items and stuff). It will come just for the sake of good PR. But dont you think a private or consortium Chain will be much more efficent for a network like Facebook (because of the scaleability trillema of public chains)? Like J.P. Morgan, they are using the know-how of Zcash for implementing ZK-Snarks into their private-public Blockchain (Quorum), i could imagine that there will be a cooperation with the steem developers. We wil see, i guess its good to hold steem anyway. Resteem
Ah, my confusion, I thought it was reply to me! And very good points about scalability! Another reason they might implement their own blockchain (not to mention the financial gain they would get from that). It would be VERY interesting if the Steem Developers collaborated with them!